Question: simplify for better understanding: To analyze the financial implications, we conducted a cost-benefit analysis. The additional labor cost incurred by hiring one more employee is

simplify for better understanding: To analyze the financial implications, we conducted a cost-benefit analysis. The additional labor cost incurred by hiring one more employee is $24 per hour. The reduced material cost per fitting is $12. The output increase of 25% results in a sales revenue increase of $915 per hour. The overhead cost increases to $38.4 per hour. Based on these calculations, the total financial impact of the new process is a benefit of $875 per hour.

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